What is unexpected though is that a Cinderella team -- Cornell, Northern Iowa or St. Mary's -- doesn't have the longest odds title odds. That distinction belongs to Purdue, which is currently getting 45/1 to cut down the nets in Indianapolis.
That doesn't necessarily mean Vegas thinks Cornell has a better chance to win than Purdue. It's most likely that more money has been wagered on the Cinderellas and the odds have lowered as a result. Cornell at 40-1 is a fun way to lose $20 -- "Hey, let's throw some dough on the Big Red so we can pull for the underdog and root against Calipari and his inevitable vacated title!" -- while Purdue isn't.
Here are the odds to win the national championship for each of the Sweet 16 teams, courtesy Bodog.com:
To win national championship:
Ohio State: 9/2
West Virginia: 8/1
Kansas State: 10/1
Michigan State: 22/1
Northern Iowa: 40/1
St. Mary's: 40/1
Other interesting (hypothetical) wagers include tournament MVP (John Wall is the favorite at 3/1, Evan Turner is at 6/1 and Omar Samhan is going for 40/1), lowest seed to reach Final Four (No. 3 seed at 6/1 is intriguing) and Kentucky (-9) against Cornell.
- Northern Iowa